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State Bank Of Travancore Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for State Bank Of Travancore Chennai Chennai Tamil Nadu

MICR Code
Bank State Bank Of Travancore
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Indira Nagar (Chennai)
Contact
Bank Details State Bank Of Travancore Indira Nagar (Chennai) SBTR0000526
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600020
Country IN
Address 15 kasturiba nagar, 3rd cross street, adayar p.o., chennai, tamilnadu, pin-600020
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 600009006 for Indira Nagar (Chennai) branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 600009006 of Sbt Bank, Indira Nagar (Chennai) branch makes the system almost error free and faster. Use of Sbt Bank MICR codes for Indira Nagar (Chennai) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for State Bank Of Travancore Indira Nagar (Chennai)

State Bank Of Travancore MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Sbt Bank MICR code for Indira Nagar (Chennai) is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 600009006 is the MICR code of Travancore Bank for Indira Nagar (Chennai) branch. MICR code for Indira Nagar (Chennai) branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Sbt Bank Indira Nagar (Chennai) is presented in the table alongside.

Use of Sbt Bank MICR code for Indira Nagar (Chennai) branch in chennai

The MICR code 600009006 is used in RBI cheque clearing process to identify the branch Indira Nagar (Chennai) and Sbt Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Travancore Bank is typically in either of these two font’s: E-138 and CMC-7.